Bujeti Ltd - Company Research Report
Company Overview
Name:
Bujeti Ltd
Mission:
To provide businesses with a comprehensive expense management platform that simplifies the process of tracking, analyzing, and optimizing expenses. Bujeti aims to empower businesses with real-time insights into their spending, enabling data-driven decisions that enhance their bottom line, through cutting-edge technology and exceptional customer service.
Vision:
To revolutionize how businesses manage their expenses in Nigeria and beyond, creating a streamlined, efficient, and hassle-free experience for business owners, allowing them to focus on business growth.
Founded:
Bujeti was incorporated on February 15, 2022.
Founders:
- Cossi Achille Arouko: With over 9 years of engineering experience, including more than 3 years at Paystack, and having led the Commerce/Subscriptions and Invoicing team at Paystack.
- Samy Paul Chiba: Holds two MSc degrees in Business Administration and has experience from Ariane Group, previously served as the CEO of SmartSoft Europe.
Key People:
- Cossi Achille Arouko: Co-Founder and key leader in engineering.
- Samy Paul Chiba: Co-Founder, ensures compliance and the smooth operation of processes.
Headquarters:
Plot 1B, Block 129, Jide Sawyerr Drive, Lekki Phase 1, Lagos.
Number of Employees:
No information is available.
Revenue:
No information is available.
Known For:
Bujeti is known for being a comprehensive financial management platform designed for African businesses, simplifying expense management and providing corporate banking solutions.
Products
Overview:
Bujeti offers a suite of financial tools aimed at enhancing productivity, streamlining operations, and driving business growth. The products include Corporate Cards, Expense Management, Cash Accounts, Bank Payments, Reimbursements, Fund Collection, Bank Sync, and Reporting & Insights.
Products and Key Features:
1. Corporate Cards
Generate physical, single-use, and multi-use virtual multi-currency cards for flexible team spending without the need for cash.
2. Expense Management
Organize transactions, track vendors, and implement spending policies to manage company expenses efficiently.
3. Cash Accounts
Manage primary bank accounts and sub-accounts to facilitate payments, collect funds, and withdraw efficiently.
4. Bank Payments
Handle financial transactions, perform single or batch payments, and set approval rules for better financial control.
5. Reimbursements
Streamline the reimbursement process for employees' out-of-pocket expenses quickly and efficiently.
6. Fund Collection
Utilize a secure payment gateway to collect payments from customers anytime and anywhere.
7. Bank Sync
Connect your accounts to track spending and manage budgets from an easy-to-use dashboard.
8. Reporting & Insights
Track business activities, analyze performance, optimize operations, and achieve business goals through data-driven insights.
Recent Developments
New Products and Features:
Sub-accounts
Introduced functionality to create sub-accounts under a parent account on the Bujeti dashboard, allowing for better budget control and financial management.
Direct Debit and Bank Sync
Introduced Direct Debit and Bank Sync features to streamline financial management by consolidating multiple bank app functionalities into one platform.
Partnerships:
Partnership with Spurt!
Bujeti partnered with Spurt!, offering businesses exclusive access to Spurt’s tools and consultancy services, enhancing team management and operational efficiency.
Product Updates:
Bulk Assigning of Vendors and Payers
Implemented a feature that allows the designation of payers to a batch of transactions simultaneously, improving operational efficiency.
Recent Mentions:
- Recognized in the press and media for innovative solutions in expense management.
No additional commentary.